EURUSD

Patience . . . I have shorts in Metals, only fttb . . . Some more weakness in $JY will be bought.....

GOLD H. --- SL protects shorts.


SILVER H. --- Same here , too.........

E. and BP 5' --- I close my shorts here, now @ small prfts . . .

GOLD H. ---


SILVER H. ---
Lowered SLs on both , as shown. NOW.

GOLD 5' ---


SILVER 5' --- These charts explain why I lowered SLs so tightly, and if hit I might reverse to long . . .

Thomas, you are long Silver , as you told me ? @ 63.4 ???

E. and BP. 5' --- I longed here , as shown. . . .I don't know....It might work . . . .

Not criticizing (your money) but basically that is a 50-50 coin toss. "Might work" is not a strategy.

GOLD 5' ---


SILVER 5' --- Longed with SLs @ BE

MIGHT WORK...means its a risky trade , comrade. and yes, it s a strategy .

E. and BP. 5' --- That s my positioning in currencies . . .SLs as shown. If they are not hit I expect a good upward jerk . It won't last forever but it will make our day . . . .and that s a strategy...[a Greek word , by the way]

Gold - SILVER -E. and BP --- 5' --- SLs as shown . --- BP already hit @BE..............

SILVER 5' --- 80.20 to 81.20 is a reasonable target today. . . .


GOLD 5' --- 5.020 is a reasonable target today . . . . Enjoy . . .

$JY 5' --- Looking for 152~ . . . .today. . . .perhaps. . . .

My SLs in metals have been hit . . .FLAT now.........Looking patiently for higher prices to establish shorts.........

No hurry.........

Short Gold now @ 5.020

GOLD H. --- I rethink the situation . . . Headed towards 5,200 . . . .? ? ? I must exit my short at loss NOW...........

The EURUSD price action on the daily time frame is sideways at the 1.18680 intra-day horizontal support. On Monday, there was a bullish break above the area to retest the 1.19200 horizontal resistance (red). However, on Tuesday and Wednesday bears resisted the bullish drive and pushed back price action for a retest of the 1.18680 intra-day horizontal support. The technical prints in the area on Thursday and Friday were doji-like. Nevertheless, we cannot rule out further bearish price action in the early part of this week.

I may be wrong. Trade safe and prosper.

KP

Attached Image (click to enlarge)

GOLD 5' --- Entered long now with tight SL.


SILVER 5' --- Entered long here, too, with tight SL.

GOLD 5' --- Stoped....and long again here , NOW.


SILVER 5' --- Stoped . . .and long again here , NOW.

GOLD H. ---


SILVER H. ---